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According to ChainCatcher, Cycle Network has officially announced a strategic partnership with UnicornX. Following its selection as the latest project on Unicall, the market value of $CYC reached a new high, with intraday gains peaking at 294.47% and FDV exceeding $100 million. Recently, Cycle Network completed a strategic upgrade, aiming to become the "VisaNet of seamless connectivity in the crypto space," further strengthening its multi-chain settlement capabilities and ecosystem layout. UnicornX is not only a DEX, but also a hub for integrity-driven projects and resources. Supported by the liquidity-focused strategic investment institution UnicornVerse, it provides acceleration channels for projects at different stages through its flagship features UniCall and XCall. Since the launch of UniCall, projects listed on UniCall have achieved an average growth rate of +507.3%. UnicornX is committed to reshaping the Web3 trust mechanism and becoming the core hub for singularity exchanges and long-term growth.

According to a report by Cointelegraph, New York State legislator Phil Steck has introduced Bill 8966, which proposes a 0.2% consumption tax on the sale and transfer of cryptocurrencies and NFTs. The tax revenue will be specifically allocated to school drug abuse prevention programs. Before taking effect, the bill must first be approved by the state legislative committee, then submitted for a full legislative vote, and finally signed by the governor. If passed before September 1, the bill will take immediate effect and could generate significant tax revenue for New York State.